Juniper Hotels
Juniper Hotels is expanding, signing a ₹248 crore cash deal for the 287-key Novotel Imagicaa after Q1 FY27 net profit of ₹33 crore on revenue up 13% to ₹250 crore (NDTV Profit, 13 Aug). A ₹17.1 crore one-time loss and a food-safety inspection at Andaz Delhi weigh on the picture (NDTV Profit).
What it means Rivals on the Mumbai–Pune corridor face a Hyatt-affiliated operator with a 4,000-room target by FY31.
Latest moves
Our read of each move first, where we have one; what the report said is marked Reported.
- Reported: Juniper’s acquisition of the 287-key Novotel Imagicaa strengthens its leisure and corridor presence while creating scope to lift rates and events revenue through an upper-upscale repositioning and added banqueting capacity.Reported: Juniper Hotels has signed a binding MoU to acquire Novotel Imagicaa in Khopoli, strengthening its presence on the Mumbai–Pune corridor. The company may reposition the property to upper-upscale and add banqueting capacity; closing is expected by March 31, 2027. Juniper Hotels signs ₹248 crore deal for 287-key Novotel Imagicaa.Watch:
- Reported: Juniper Hotels plans ₹1,900 crore expansion to surpass 3,900 rooms by FY31Reported: Watch:
- Reported: Hyatt-affiliated Juniper Hotels plans to double its portfolio from 1,900 to 4,000 rooms in four years.Reported: Watch:
Background
From 7 stories, the newest dated 17 Sept 2026. Summary written 3 Oct 2026.
Juniper Hotels is a listed Indian hotel company.
Show 2 more paragraphs and 7 sources
In an August 2026 clarification it cited 7 operational assets and 5 assets under construction. [1] source: ET Hospitality Its hotels include Andaz Delhi, Grand Hyatt Mumbai and Westin Bengaluru. [1] source: ET Hospitality[2] source: Mint It has earmarked Rs 850 crore for Grand Hyatt Dwarka. [3] source: ET Hospitality
In September 2026 Juniper Hotels signed a binding MoU to acquire the 287-key Novotel Imagicaa in Khopoli for ₹248 crore, expanding its Mumbai-Pune corridor presence. [4] source: Business Standard It is buying the hotel from Imagicaaworld Entertainment in cash, at approximately ₹86 lakh per key, and the deal is expected to close by March 31, 2027. [4] source: Business Standard[5] source: The Hindu BusinessLine In August 2026 it outlined a largely self-funded ₹1,900 crore expansion plan to exceed 3,900 rooms by FY31, and it is exploring three brownfield acquisitions and expansions at Grand Hyatt Mumbai. [2] source: Mint Also in August 2026, FSSAI issued a notice to Andaz Delhi over expired food, pests and hygiene lapses, including 87 kg of expired sweets. [6] source: ET Small Business[7] source: NDTV Profit Juniper Hotels denied the reports, saying a June routine inspection led to improvements and an action-taken report, and that the issue concerned another Delhi hotel. [1] source: ET Hospitality
Sources
Questions about Juniper Hotels
What are Juniper Hotels' expansion plans?
Juniper Hotels signed a binding MoU in September 2026 to acquire the 287-key Novotel Imagicaa in Khopoli, in the Mumbai-Pune corridor, for ₹248 crore. In August 2026 it outlined a ₹1,900 crore plan to exceed 3,900 rooms by FY31. [4] source: Business Standard[2] source: Mint
How many Juniper Hotels stores are there?
Juniper Hotels had 7 operational assets and 5 assets under construction, as stated in its August 2026 clarification on Andaz Delhi. [1] source: ET Hospitality
What is Juniper Hotels' current strategy in India?
In September 2026 Juniper Hotels signed a binding MoU to buy Novotel Imagicaa in Khopoli for ₹248 crore. In August 2026 it outlined a ₹1,900 crore expansion plan and earmarked Rs 850 crore for Grand Hyatt Dwarka. [4] source: Business Standard[3] source: ET Hospitality[2] source: Mint